Aston Darby - car park space investment scam

kkchiu

I bought 3 car park spaces from Aston Darby in 2018 as investment through the person Sam Tarling who was Director & Founding Partner of Katar Investments. The company promised 11% return of total value for first 3 years and after two years can resell the space, 125% buy back after 10 years. The company used the investor's money to pay for a first year yields, afterwards they didn't pay at all. Called the company many times no response, emailed them no response. Sam Tarling's Katar Investments website was closed thereafter. It is absolute cheater! Please please if you are seeing any information about Aston Darby Glasgow car park investment, don't be fooled!!  

dr_adidas01

kkchiu said:

I bought 3 car park spaces from Aston Darby in 2018 as investment through the person Sam Tarling who was Director & Founding Partner of Katar Investments. The company promised 11% return of total value for first 3 years and after two years can resell the space, 125% buy back after 10 years. The company used the investor's money to pay for a first year yields, afterwards they didn't pay at all. Called the company many times no response, emailed them no response. Sam Tarling's Katar Investments website was closed thereafter. It is absolute cheater! Please please if you are seeing any information about Aston Darby Glasgow car park investment, don't be fooled!!  

What has this got to do with Credit File & Ratings board?

kkchiu

I bought 3 car park spaces from Aston Darby in 2018 as investment through the person Sam Tarling who was Director & Founding Partner of Katar Investments. The company promised 11% return of total value for first 3 years and after two years can resell the space, 125% buy back after 10 years. The company used the investor's money to pay for a first year yields, afterwards they didn't pay at all. Called the company many times no response, emailed them no response. Sam Tarling's Katar Investments website was closed thereafter. It is absolute cheater! Please please if you are seeing any information about Aston Darby Glasgow car park investment, don't be fooled!!  

Zanderman

dr_adidas01 said:

kkchiu said:

I bought 3 car park spaces from Aston Darby in 2018 as investment through the person Sam Tarling who was Director & Founding Partner of Katar Investments. The company promised 11% return of total value for first 3 years and after two years can resell the space, 125% buy back after 10 years. The company used the investor's money to pay for a first year yields, afterwards they didn't pay at all. Called the company many times no response, emailed them no response. Sam Tarling's Katar Investments website was closed thereafter. It is absolute cheater! Please please if you are seeing any information about Aston Darby Glasgow car park investment, don't be fooled!!  

What has this got to do with Credit File & Ratings board?

OP has started identical thread in Savings and Investments board (a better location) here:  https://forums.moneysavingexpert.com/discussion/6141300/aston-darby-car-park-space-investment-scam

Edited to add:  and now the threads have been merged so mine and dr_adidas01's post are out of sequence - so ignore this one!

Zanderman

This is a well-documented type of scam.
There's a long thread about similar ones here:  https://forums.moneysavingexpert.com/discussion/5756479/car-park-investment-is-it-a-scam/
The old adage - if it looks too good to be true then it's a scam - applies. Promising 11% is certainly too good to be true.  As is promising 125% buy-back.  It screams scam.
If a company could really offer 11% returns why would they need your money? 
They'd be investing their own.  

eskbanker

It's a scam that's had coverage on here before:

https://forums.moneysavingexpert.com/discussion/6133637/aston-darby-airport-car-parking-investors-group-legal-action

https://forums.moneysavingexpert.com/discussion/comment/75913783#Comment_75913783